What happened to hydrogen fluoride - South Korea claims to have overcome Japan, but what is its relationship with product defects?
2022-06-28
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Moon Jae-in wants to say he has defeated Japan
In his farewell address, former President Moon Jae-in said that all people came together to overcome the crisis caused by Japan's unfair export restrictions. However, looking at the data, of the three export control items, hydrogen fluoride has decreased by 86% compared to fiscal 2018, while other items such as photoresist and fluorinated polyimide have remained almost unchanged.
Japanese hydrogen fluoride has few impurities
Former President Moon Jae-in has loudly declared that hydrogen fluoride has been successfully domestically produced, but regarding the quality of hydrogen fluoride, it is Japan's hydrogen fluoride is 12N (99.9999999999%) . There is talk that hydrogen fluoride, which is said to have been developed by Korea's LG Chem, may be 5N. ~N is the number 9, and 12N is 12×9. In other words, Japan's hydrogen fluoride has as few impurities as 12 nines in a row.
Relationship between hydrogen fluoride and defective rate
Hydrogen fluoride is used to clean machines and processes used in precision machinery manufacturing. What happens when there are many impurities here is an increase in the product defect rate. What about the defective rate of Korean products? Whether it went up or down, if there is no change, then whether it is 12N or not has little meaning.
Massive recalls in America
On August 20, 2021, the US automobile giant General Motors (GM) expanded the scope of the recall due to the risk of fire in the battery pack installed in the electric vehicle (EV) “Chevrolet Bolt EV”. announcement. As a result of this announcement, all models of the Chevrolet Bolt EV released so far are subject to a recall. The battery manufacturer for this car is LG Chem .
Kona EV explodes and catches fire again
In January 2022, another fire occurred in the Kona EV, in which Hyundai Motors had replaced the battery due to a recall after a series of battery fires. A fire broke out while the vehicle was running and was completely destroyed. According to Korean media, internet communities, and fire authorities, a fire accident occurred in a Kona EV that was traveling on Taean Road in South Chungcheong Province at around 6:46 pm on the 11th. The accident vehicle was a 2020 model, and the battery had been replaced due to a recall in September last year.
Don't worry about car explosions
The explosion of lithium-ion batteries was a hot topic in the past when a Sumsung smartphone exploded into flames, but now that EV cars are being developed, the large batteries used to drive the car explode and burst into flames in the blink of an eye. It is unclear whether it has anything to do with hydrogen fluoride, but there is even a rumor that some Japanese-made hydrogen fluoride is being imported from China.
It would be surprising if they were going to such lengths to protect the country's face-to-face contact, but we should continue to pay close attention to defective products from South Korea.
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Lee Jae - myung, a South Korean presidential candidate, is frightened by the prosecution.An investigation battle that began before the election.
Meanwhile, Democratic Party presidential candidate Lee Jae-myung said yesterday, "If I lose this time, I will be sentenced to prison for making a crime."Lee said in a speech on the side road of Seokchon Lake in Songpa-gu, "The prosecution republic will be held.The fear of the prosecution republic is not just the sound of the wind, but the sound of the wind coming before us.It's really scary."
Lee's eldest son (29) is suspected of gambling and buying money.Lee was found guilty of violating the public election law for making false statements about his brother's forced hospitalization after the 2018 governorial election.Despite the crisis of losing his job, the Supreme Court reversed his decision.The Supreme Court justice, who acquitted at the time, was found to have been an advisor to a company involved in the Daejang-dong scandal after retirement, raising suspicions that he had an affair with an actress and a criminal record of drunk driving.
Under the Moon Jae In administration, a public investigation office was set up to separate the investigation of high-ranking government officials from the prosecution, but Moon Jae In was criticized for protecting itself by establishment this organization.Yoon criticized the prosecution for investigating Lee Jae-myung's rival, Yoon Seok-yeol, and even investigating his phone records.
Lee Jae-myung said he would be sent to prison if he lost the election, but the left-wing government wants to arrest Yoon Seok-yeol by using the Public Prosecutors' Office.
He seems to be frightened by the fear that what he is trying to do will eventually come to himself.In Korean politics, retaliation using prosecution power is common.
processing trade What is the problem with Korea's trade deficit with Japan?The center of the Korean economy is processing trade.In other words, even if raw materials are purchased from Japan, they are sold to third countries with added value due to commercialization, so they are recorded as GDP in Korea.In other words, it's just added value and passed through.It may be trade deficit for example agricultural products imported from Japan and consumed in Korea are known, but they do not know what is wrong with processing trade.
If the cost of raw materials imported from Japan exceeds 50 percent of the cost of the product, Korea's added value will be less than 50 percent.However, this is not a trade deficit, but a cost management issue.In the first place, products that cost more than 50% of raw materials in the manufacturing industry it would hard to exist for lack of competitiveness.
Korea wants Japan to buy more products made from Japanese raw materials because of the trade deficit, but this is also meaningless.If Korea adds value to the cost of Japanese raw materials and Japan buys them, Japan will buy back the raw materials it sells, so there is no profit for Japan .This is not the cause of the trade deficit, but the competitiveness in the Japanese market.
Moon Jae In is a man who doesn't make no sense.
[South Korea] If you have the world's highest household debt, you don't have enough disposable income - If you don't spend money, it's just bad manners.
Private/government debt 254%
Household debt is 104.2% of GDP
Global trend of interest rate hikes
Mortgage reduces disposable income
A traveler who just has bad manners
In a statement distributed in advance of the conference, Professor Ham Joon-ho of Yonsei University Graduate School of International Studies, who served as a member of the Bank of Korea's Financial and Monetary Committee, stated, ``Korea's macro leverage (private and government debt) level has expanded to 254% of GDP. ” he pointed out.
The household debt balance has continued to expand for 16 years, reaching a record high of 1,850.9 trillion won (approximately 176.9871 trillion yen) in the April-June 2021 period. According to a study by the Institute of International Finance (IIF), Japan's GDP ratio was 104.2%, the highest among 37 major countries and regions. Incidentally, the countries other than South Korea are followed by Hong Kong (92.0%), the UK (89.4%), and the US (79.2%).
On the 15th, the Federal Reserve Board (FRB), the central bank of the United States, announced the first major interest rate hike in about 30 years. The policy rate will be raised by 0.75% to a range of 1.50 to 1.75%.
Prior to this, South Korea announced that it would raise its policy interest rate from 1.5% to 1.75% in May. The rate was set at 1.5% in April, making this the second consecutive month of interest rate hikes. This will also be a severe blow to those who are burdened with household debt.
South Korea's per capita GDP is approaching that of Japan. According to the 2021 IMF announcement, Japan's price is $39,340 and South Korea's price is $34,801. However, Japan's household debt is around 66-7%.
Housing loans are the largest component of household debt. The skyrocketing price of land in Seoul continues to skyrocket, forcing many to borrow large sums of money to purchase apartments. As a result, even if GDP and wages rise, most of the money goes toward repaying household debts, resulting in less disposable income. I don't have any money to spend.
Even after salaries are paid, the money goes straight through the tunnel and is returned to financial institutions, where it is returned to the market. This is the reality of GDP per capita in the Korean economy.
As the coronavirus pandemic begins to subside and overseas travel is gradually lifted, travel to Japan is expected to become a boom again in South Korea. It's not that they like Japan. The above reasons are largely responsible for why Japan is chosen as a nearby travel destination.
And just because you come to Japan doesn't mean you have to spend money. There are quite a few groups that find faults, point them out, and complain to each other. It is said that Korean tourists just have bad manners.
[Korea] The mystery of Han Dong-hoon, chairman of the emergency response committee, who was supposed to have resigned, becoming party leader
This person is Han Dong-hoon, who is currently the leader of the ruling party of South Korea, the People Power Party. After the People Power Party lost the general election in April this year, he resigned from his position as emergency response committee chairman, but later ran for the party's leadership election on July 23rd and became its leader. Before the election, some Seoul city council members belonging to the party proposed to "repeal the ordinance that restricts the use of symbols of Japanese imperialism such as the Rising Sun Flag in public places," and in response to the party's declaration that it "strongly opposes the repeal of the ordinance," Han said that he would take strict disciplinary action, and the city council members withdrew the ordinance in just one day.
Han Dong-hoon said, "The use of symbols of Japanese imperialism in public places is absolutely unacceptable. The city council members who proposed the repeal of the ordinance will be investigated by the party and will take strict measures." And before the general election, a conflict arose between him and the First Lady over their differences in views, and the Blue House asked him to resign from his position as an emergency response committee member. Does this person's becoming the party leader mean that the balance of power within the ruling party, the People's Power Party, is changing dramatically?
First of all, this person seems to be claiming that they cannot win the election unless they incorporate the left-wing forces in South Korea, and by left-wing forces, they mean so-called anti-Japanese forces. In other words, comfort women groups and groups that support the forced labor issue. The People's Power Party has followed a pro-American and pro-Japanese path, but in the end, it seems that they are shifting the blame for their major election defeat to that.
The background to this is that these anti-Japanese groups worked together with the right wing, and the Korean right wing was a party with strong anti-Japanese tendencies, but the comfort women agreement was concluded during the Park Geun-hye administration, and the text of this agreement called for the establishment of a new foundation to resolve the comfort women issue, meaning that the previous comfort women group, the Korean Council for Justice and Remembrance for the Issues of Military Sexual Slavery by Japan, now the Korean Council for Justice and Remembrance for the Issues of Military Sexual Slavery by Japan, would lose their position completely, and the Moon Jae-in administration incorporated this.
This is how the left wing became an anti-Japanese party. Moreover, it became an even more extreme left wing party than ever before, and instigated the No Japan movement.
According to a Korean public opinion poll, the support rates for political parties are 42.4% for both opposition parties, and 39.6% for People's Power.The general election will be held this year.
According to a Korean Realmeter opinion poll conducted in the fourth and fifth weeks of March 2020, the party support rate was 44.6% for the Democratic Party of Korea, and 30.0% for the United Future Party, the predecessor of People's Power. The Realmeter survey results announced on the 15th of this month show that the Democratic Party is 42.4%, and the People's Power is 39.6%.Although the gap has narrowed, the Democratic Party's approval rating has fallen by only 2.2 points. do not have.
In the 2020 survey, 55.7% approved of Moon Jae-in, and in the current survey, 36.3% approved of President Yoon Seok-Yeol. Interpreting these figures literally, expectations for the power of the people in the legislature have increased, but the support rate for the Democratic Party has remained almost unchanged. Both parties are members of the Democratic Party, whose party is led by Lee Jae-myung, who miraculously survived the assassination that everyone thought was a farce and was discharged from the hospital after a long hospitalization. Lee Jae-myung is currently being indicted by prosecutors.
These Democratic Party supporters can be seen as a rock-solid support group that will continue to support any party leader no matter what. Are these people who make a living through trade with China, and whose livelihoods are directly connected to their support for China? South Korea's trade dependence is 81.9% of GDP. The pro-Japanese and pro-American and pro-China and pro-North Korean compositions were one of the themes brought to light by Moon Jae-in, who stirred up the No Japan movement, but the essential issue is the economy. How far has the withdrawal from China's economy progressed?
In the Facebook group of the author who co-authored ``Anti-Japanese Tribalism,'' it is clear that the number of posters and viewers has decreased dramatically since Yun Seok-yeo became president. Is it because the No Japan movement has subsided? In that case, would those people have been better off if the No Japan movement had disappeared? I wonder how many people out there just wish they could drink Japanese beer. In other words, were the pro-Japanese simply rebelling against the intense anti-Japanese movements that were taking place? At least what we can say is that the power of pro-China, pro-North Korean forces does not seem to be weakening.
If we go into the 2024 general election in this state, there is a high possibility that the Democratic Party will once again control the largest number of seats. If this is the case, the Yun Seok-Yue administration will be run in a twisted manner throughout his term. Anti-Japanese issues are also legal issues. South Korea is a country with no anti-Japanese convictions. Since the Democratic Party is the most powerful party in both countries, it is difficult to bring about social change through legislation, and there is a high possibility that an anti-Japanese leftist president will be elected again in the next presidential election.
